• Sunday, October 02, 2022

Business

India clears plan for $3.10 billlion second airport for Delhi

New Delhi’s Indira Gandhi International Airport is currently struggling to meet the demands of the increase in passengers

By: Sarwar Alam

India will build a second international airport near its capital city in the next four to five years, costing an estimated 200 billion rupees ($3.10 billion), the government announced on Saturday, to meet explosive growth in passenger traffic. The Noida International Airport near New Delhi will be built from scratch in phases and is expected to cater to 30-50 million passengers per year (MPPA) over the next 10-15 years, the civil aviation ministry said in a statement. Air travel in India, one of the world’s fastest-growing aviation markets, has boomed in the last decade as it opened up to competition,…

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